Alphamin Resources Dividend
Dividend criteria checks 3/6
Alphamin Resources is a dividend paying company with a current yield of 5.31% that is well covered by earnings.
Key information
5.3%
Dividend yield
53%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.044 |
| Earnings per share | US$0.043 |
| Dividend yield forecast | 5.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, AFMJ.F has been paying a dividend for less than 10 years.
Growing Dividend: AFMJ.F's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Alphamin Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AFMJ.F) | 5.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Metals and Mining) | 1.7% |
| Analyst forecast (AFMJ.F) (up to 3 years) | 5.3% |
Notable Dividend: AFMJ.F's dividend (5.31%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: AFMJ.F's dividend (5.31%) is in the top 25% of dividend payers in the US market (4.31%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.9%), AFMJ.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (292.2%), AFMJ.F's dividend payments are not well covered by cash flows.